Euro Auctions to sell Hawk Plant (UK) assets

Thursday, January 31, 2019 - 16:57

Auction company appointed by EY to dispose of construction equipment assets of Hawk Plant Hire

EURO Auctions, Europe’s largest auctioneers of industrial plant and construction machinery, have been appointed to dispose of the general construction equipment assets of Hawk Plant Hire, who entered into administration on 14 January 2019.

The auction firm has been working closely with joint administrators Sam Woodward, Alex Williams and Hunter Kelly of EY’s restructuring team to locate, catalogue and assess all assets of the business, tracking equipment and, in many cases, assisting in repatriating them to a secure depot.

Joint administrator Alex Williams commented: ‘We are working with Euro Auctions on the disposal of the construction machinery assets of Hawk Plant Hire over the coming months and look forward to a close working relationship.’

The dates and location of the various sales have yet to be confirmed but will be announced in due course. The inventory will include: excavators; articulated dumptrucks; dozers; rollers; telehandlers; backhoes; mini-excavators; and other popular items of machinery.

David Betts of Euro Auctions commented: ‘We are delighted to have been selected by the joint administrators to work with them and advise on this project. Euro Auctions have extensive experience in conducting off-site disposal sales. Through our global network of buyers and consignors we will be marketing to a specialist audience that has interest in the wide array of general construction machinery, which has mass global appeal.

‘All the equipment going under the hammer has been exceptionally well maintained and we expect interest to be strong. As with all our sales, everything will be sold without reserve which results in competitive bidding.’

Further details and catalogues for the various Hawk Plant disposal sales will be available on the Euro Auctions website (www.euroauctions.com).